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First with the News

NNPC Moves To Establish Filling Stations in Niger Republic

August 26, 2021
in Economy, Top Stories
0
Nigerian Govt To Dictate Fuel Prices As State Oil Company Transitions To Commercial Entity - Official

NNPC Ltd GCEO, Mele Kyari.

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By John Ikani 

The Nigerian National Petroleum Corporation (NNPC) is already in talks with the Government of Niger Republic to establish a retail outlet in the neighbouring country, says its Group Managing Director Mele Kyari.

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The GMD disclosed this on Wednesday at the interactive session on the Medium Term Expenditure Framework (MTEF) and the Fiscal Strategy Paper (FSP).

Kyari explained that the move was aimed at curbing smuggling of petroleum products across Nigeria’s land borders.

He however did not state whether similar plans were in the offing for other countries who share borders with Nigeria.

While noting that there was an ongoing initiative to electronically monitor petrol distribution across the country, Kyari said an electronic monitor would be put on tanks and fuel stations to monitor them.

He said with the electronic monitoring, every truck carrying fuel would be visible as they discharged their load and all the fuel stations would be seen as they discharged.

Tags: Mele KyariNiger RepublicNNPC
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